[madamepsychosis]

HN, tell me why this wouldn't work: tax anyone renting an old property (i.e. built more than 15 years ago) for 50% of the difference between the rent now & before the tech boom. Put this to subsidise development of affordable housing in under-developed areas like SOMA.

Really, the lowest hanging fruit is just building reasonable transport through the whole city. At the moment it seems like only 30-40% of SF is actually being used. Demolishing freeways & replacing them with housing would not be a bad area either. Smaller houses, like the ones in European cities, would help a lot as well.

[raldi]

Because there are way too many people exploiting the existing system; even if such a change were enacted, it would be immediately overturned via ballot proposition. Remember not just Prop 13, but also Gray Davis.